Growing industries may well be a long game, taking decades. What type of polices and processes do we need to support and nurture them in our increasingly globalised world?

In this podcast, Professor Beth Webster discusses what innovation is, how economists have studied innovation, and what they have uncovered about conditions that foster innovation. She also talks us through some of her own research and provides valuable insights for industry and policy makers on how Australian can generate more innovation for the good of our economy.

For further information see: Webster, E. (2017) ‘The source of wealth’, New Zealand Economic Papers. 51, 79-85, DOI: 10.1080/00779954.2016.1150573 1-7.

Benedict Davies and Simone Wong
Economic Society of Australia (Vic) podcasters

Disclaimer: The views and opinions expressed in this podcast are those of the podcast hosts only and do not reflect the views of their employers nor do they represent the views of the Economic Society of Australia.

Music - "NoGoodLayabout" by Kevin MacLeod (incompetech.com), Licensed under Creative Commons: By Attribution 3.0, creativecommons.org/licenses/by/3.0

Photo by Frank Vessia on Unsplash  

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